Odyssey Health, Inc. (ODYY) Form 10-Q — Jun 12, 2026
Odyssey Health reported a net loss of $3.3 million for the nine months ended April 30, 2026, driven by $3.1 million in financing costs and $1 million in interest expense, despite a $1.5 million gain from the change in fair value of derivative liabilities. The company generated no revenue, holding only $297,806 in cash against $10.1 million in current liabilities, resulting in a $9.7 million working capital deficit. Management disclosed substantial doubt about the company’s ability to continue as a going concern, stating that continued existence depends on raising additional capital.
Key figures
- Revenue
- 0
- Total Debt
- 5316493
- Cash Position
- 297806
- Shares Outstanding
- 100968663
- Derivative Liability
- 2430585
- Net Cash Provided By Financing Activities
- 1165500
AI analysis
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